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Financial Accountant
Job Description Summary
The Financial Accountant’s primary responsibilities include core accounting functions such as accounts payable, accounts receivable, general ledger entries, reconciliations, and financial reporting. Additional duties include cash management, performing monthly financial and compliance reporting, and monitoring accounts receivable and accounts payable. The Financial Accountant is integral to our balance sheet management efforts and assuring the highest and best use of available capital by identifying trends that impact business and coordinating relevant financial information to support strategic initiatives.
Core Accounting Functions- Maintain financial data in accordance with Generally Accepted Accounting Principles (GAAP), and Governmental Accounting Standards Board (GASB)
- Record, track, and monitor accounts payable, accounts receivable, loan disbursements and bank transactions.
- Prepare month end journal entries, accruals, perform account reconciliations, and participate in monthly financial reporting – both internal and external.
- Processing of 1099’s
- Maintain strong financial controls and make recommendations for process improvement for the management accounting process.
- Contributes to the accuracy and efficiency improvements in the closing process.
- Prepares and reviews supporting schedules for annual audit.
- Researches and resolves un-reconciled amounts on a timely basis.
- Prepares and assists with review of monthly, quarterly, and year-end financial statements.
- Maintain the integrity of the movement of deposits and account balances between the Bank’s various lending programs.
- Perform financial planning and analysis, including researching investment opportunities and economic trends.
- Maintain performance dashboard to highlight underlying business trends.
- Provide financial analyses and support for bond issues, capital investments, pricing decisions, and contract negotiations.
- Assist, as necessary, with all regulatory compliance activities and audit requests.
Employment Details
- Competitive compensation package commensurate with experience and skills ranging between $70,000-$85,000
- This position has the potential to operate on a hybrid work model. Candidates selected for any position must be able to come into the office on remote days when required.
Submit a brief cover letter describing why you are the best fit for this position along with resume to careers@riib.org. Incomplete applications will not be considered.
